Money Saving Girl Money Saving Tips and Ideas
The world’s economy around us is changing. One no longer can expect to survive a week for £1…
One of my favourite money saving app – vouchercloud conducted a research to see just how much has changed since 2000, comparing prices of some of the popular treats today with what they should be, according to inflation.
The price of ever so popular popular comic Beano has skyrocketed in the last decade…closely behind is the old-school bar Freddo. Cinema ticket price and Big Mac cost have increased lately too…In fact the increase in price of Big Mac was in line with the inflation rise in the last 15 years.
Apparently Britons are famous for asking ‘ How much is a Freddo?’ Here’s the answer:
If the cost of a Freddo had increased alongside inflation, it would cost 0.15p today & still weigh 20g, instead of the 18g version we get today. Unfortunately the price of a Freddo Frog is around 0.25p today & if the price will keep increasing at the same rate we’ll pay 0.38p in 2030. On the bright side our Freddo bar is still bigger than the one Australians get (theirs has shrunken from 20g to 12g in the last few years).
Lets see what has happened to MARS:
Not only MARS got smaller fro the original 65g to 51g today but if its price was consistent with inflation it would have cost 0.44p today unlike 0.60p we pay at the shops…be prepared to get it for 0.87p in 2030…
Lets check the increase in the price of Beano Comic as its a significant one too…
I like going to the cinema but yes it is quite pricey these days… In the past I was lucky enough to get free cinema tickets as I was having my health insurance from PruHealth (they were granting each member with one ticket per week provided that you did exercise/walk/run in the prior week), these days I am not using PruHealth but managed to get 6 free cinema tickets as a benefit from Loyds when opening the Loyds Club saving account with them (not only I get 6 cinema tickets totally for free but also a chance to save 4% on a balance of £5000), so I would highly recommend this account to everyone in need for some easy extra cash 🙂 as the cinema tickets prices have really increased significantly over the last few years:
The last item which price was analysed by vouchercloud was a Big Mac…
Big Mac Index appeared in 1986, it was introduced by Sam Woodall to help measuring Purchasing Price Index (PPP) & to compare exchange rates around the world when using the Big Mac price example – one of few consumer items that is famous around the world.
Apparently the price of a Big Mac is a great indicator of the rate of inflation across the UK over the last 15 years, so here it is:
Notes about the Data: Vouchercloud tried to find the average price of each product across the United Kingdom for every year since 2000, and track the rises and falls in price appropriately.